Indo Rama Synthetics India : Credit Rating11-Mar-2022

IRSL:STEXCH:2021-22: 11th March 2022

Corporate Listing Department	Corporate Relations Department
National Stock Exchange of India Limited	BSE Limited
Exchange Plaza, 5th Floor,	Floor 25, P. J. Towers,
Bandra - Kurla Complex,	Dalal Street,
Bandra (E), Mumbai - 400 051.	Mumbai - 400 001.
Thru.: NEAPS	Thru.: BSE Listing Centre
Stock Code NSE: INDORAMA	Stock Code BSE: 500207

ISIN: INE156A01020

Indo Rama Synthetics (India) Limited - CIN L17124MH1986PLC166615

Sub: Intimation pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir,

India Ratings and Research (Ind-Ra) has upgraded Long-Term Issuer Rating of Indo Rama Synthetics (India) Limited to IND A-/Stable. Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, please find enclosed herewith upgraded Credit Rating press release dated 10th March 2022, issued by India Ratings and Research Private Limited (A Fitch Group Company).

You are requested to kindly take the same on record.

Thanking you.

Yours faithfully,

for Indo Rama Synthetics (India) Limited

Pawan Kumar Thakur

Company Secretary and Compliance Officer

Encl.: As above.

INDO RAMA SYNTHETICS (INDIA) LIMITED

Corp. Office: 20th Floor, DLF Square, DLF Phase-2,NH-8,Gurugram-122002, India. Tel: [phone], Fax: [phone]

Regd. Office & Manufacturing Complex: A-31, MIDC Industrial Area, Butibori, Nagpur 441122, Maharashtra, India.

Tel : [phone] / 01, Fax : [phone] | CIN : L17124MH1986PLC166615

E-mail :[e-mail] | Website : www.indoramaindia.com